Portfolio News

Propellant Ventures aspires to change the future in a very powerful way. We boldly invest in outstanding companies and extraordinary teams to cultivate an extremely high-quality and diversified portfolio.
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The team at Propellant collaborates with our portfolio companies, angel groups, and other VC’s to dramatically improve startups success, growth, and valuation. In 5 years, Propellant Ventures strives to be one of Midwest region’s most active VCs and go-to funds for innovative startups. Propellant Ventures invests in a broad range of diverse tech enabled B2B industries such as healthtech, future of work, supply chain, fintech, IIoT, and edtech.

August 2, 2022

Golden Section Invests in SquareStack

Golden Section of Houston has invested in Chicago-based start-up SquareStack to drive expansion and growth.

July 14, 2022

Virtual Environments Platform ‘Gamerjibe’ Rebrands as ‘Inverse’ to Build the Onramp to the Metaverse

Gamerjibe, a 3D virtual environments platform, is rebranding and has changed its name to ‘Inverse’ as part of its strategy to bring more brands and their audiences into the metaverse.

March 29, 2022

SquareStack Announces Partnership with G2

SquareStack, the Business Apps Command Center for Small Business, and G2, which provides direct user software reviews, have partnered to bring G2’s world class review platform to SquareStack’s Small Business members and subscribers.

February 7, 2022

Propellant Ventures Makes an Investment Into Fintech Company, Under

Propellant Ventures is excited to announce that we made an investment into Chicago-based Under, which provides a unified platform that automates customer onboarding, document completion, identify identification, and submission for end users, brokers, and financial institutions.

January 25, 2022

SupplyHive Mentioned in Built in Chicago's "The Future 5 of Chicago Tech, Q1 2022"

Chicago has a number of big name corporations and well-known companies that over the years have helped shape the identity of this Midwestern metropolis. SupplyHive was recognized as a company to watch in Chicago.

December 21, 2021

SupplyHive Named a Cool Vendor in 2021 Gartner "Cool Vendors in Strategic Sourcing Technology" Report

SupplyHive™, a Chicago-based innovative provider of Supplier Performance Management (SPM) technology, announced today that it has been recognized in the 2021 list of Cool Vendors in the "Cool Vendors in Strategic Sourcing" 1 report published by Gartner.

December 11, 2021

Gamerjibe Recognized as one Founder Institute's Top 50 Fastest Growing Alumni of 2021

Founder Institute Alumni have raised over $1.5 billion in funding and are building businesses that matter across 6 continents. Gamerjibe was listed as one of the top 50 companies that grew the quickest over the last year.

December 8, 2021

Lou Sandoval of SupplyHive Interviewed by Shalom Klein on Get Down To Business

Lou Sandoval joined Shalom Klein on his weekly radio show, Get Down To Business, to discuss SupplyHive.

October 16, 2021

Diverse Investors Join $2 Million SupplyHive™ Seed Round; Investors Sixty8 Capital, Angeles Investors and Service Provider Capital solidify diversity, inclusion missions

SupplyHive™, a Chicago-based innovative provider of Supplier Performance Management (SPM) technology, announced today that it fully subscribed $2 million in seed funding from three new investors with DNA in diversity and inclusion: Sixty8 Capital in Indianapolis, Indiana, Angeles Investors in Chicago, and Service Provider Capital LLC in Denver.

September 16, 2021

EdTech Company, Innovare - Social Innovation Partners, Inc., Closes Oversubscribed $3MM Seed Round with Support from Diverse Fund Leaders and Social Impact Champions

Chicago-based EdTech company, Innovare - Social Innovation Partners, Inc., announced that it has raised $3MM in seed funding to scale its impact on education leadership via its cloud-based strategy and analytics platform Inno™.